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MONEY
MONEY
What is money?
Money is any form of legal tender.
In other words, it is an acceptable form of payment for goods and services.
What are some uses of money?
We use money to buy…
Write 10 things that we also use money for …
Important background theory
• 1 cent is the smallest denomination of money
• There are five one cent coins in 5 cents.
• There are ten one cent coins in 10 cents.
• There are twenty one cent coins in 20 cents.
• There are fifty one cent coins in 50 cents.
• There are one hundred one cent coins in R1.
• There are five hundred one cent coins in R5.
N.B. The one cent coins are currently not in circulation.
One cent is written in short as 1 c.
1 cent = 1 c
2 cents = 2 c
3 cents = 3 c
4 cents = 4 c
5 cents = 5 c
1.
2.
3.
4.
5.
6.
TEN CENTS
7.
Example
One TEN CENT COIN EQUALS ten cents
Two TEN CENT COINS EQUAL twenty cents
Read and complete for the rest of the coins.
TEN CENT COINS EQUAL cents
1.
TEN CENTS
2. =
5. =
4. =
+ = R 0. 303. =
+ = R 0. 40
6. = + = R 0. 60
R 0. 707.
= =+
= R 0. 50
= R 0. 10
R 0. 20=
TEN CENTS
11. =
12.
=
=
=
8. = R 0. 80+ + =
9. =
10. =
+ + =R 0. 90
+ = R 1. 00
11.
TEN CENTS
13.
=
=
=
=
12.
= + = R 1.10
11.
TEN CENTS
13.
=
12.
= + = R 1.10
= + = R 1.20
= = = = =
HOW MUCH IS THIS?
== === ====
=R 0.10=R 0.20=R 0. 30=R 0.40=R 0.50
HOW MUCH IS THIS? SOLUTIONS
=R 1.00=R 0. 70=R 0.90=R 0. 80=R 0. 60 =R 2. 00=R1.30=R 1.20= R 1.10
1.
2.
3.
4.
5.
6.
TWENTY CENTS
7.
Example
One TWENTY CENT COIN EQUAL twenty cents
Two TWENTY CENT COINS EQUAL forty cents
Read and complete for the rest of the coins.
TWENTY CENT COINS EQUAL cents
1.
TWENTY CENTS
2. =
5. =
4. =
+ = R 0. 603. =
R 0. 80
6. = + = R 1. 20
R 1. 407.
=
R 1. 00
= R 0. 20
R 0. 40
=+ +
=+
=+ +
TWENTY CENTS
8. = R 1. 60+ + =
9. =
10. =
R 1. 80
+ = R 2. 00
+ + =+
==11. = R 2. 00
= = = = =
HOW MUCH IS THIS?
== === ====
= = = = =
HOW MUCH IS THIS?
== === ====
=R 0.20=R 0.40=R 0. 60=R 0.80=R 1.00
HOW MUCH IS THIS? SOLUTIONS
=R 2.00=R 1. 40=R 1. 80=R 1. 60=R 1. 20 =R 4. 00=R2.60=R 2.40= R 2.20
1.
2.
3.
4.
5.
6.
FIFTY CENTS
7.
Example
One FIFTY CENT COIN EQUAL fifty cents
Two FIFTY CENT COINS EQUAL one rand.
Read and complete for the rest of the coins.
FIFTY CENT COINS EQUAL rands
1.
FIFTY CENTS
2. =
5. =
4. =
+ = R 1. 503. =
R 2. 00
6. = + = R 3. 00
R 3. 507.
=
R 2. 50
= R 0. 50
R 1. 00
=+
=+
=+ +
=
FIFTY CENTS
8. = R 4. 00+ + =
9. =
10. =
R 4. 50
R 5. 00
+ =+
+ =+
+ =11. = R 5. 00+
= = = = =
HOW MUCH IS THIS?
== === ====
=R 0.50=R 1.00=R 1. 50=R 2.00=R 2.50
HOW MUCH IS THIS? SOLUTIONS
=R 5.00=R 3. 50=R 4. 50=R 4. 00=R 3. 00=R 10. 00=R6.50=R 6.00= R 5.50
1.
2.
3.
4.
5.
6.
FIVE RANDS
7.
Example
One FIFE RAND COIN EQUAL five rands
Two FIFE RAND COINS EQUAL ten rands.
Read and complete for the rest of the coins.
FIFE RAND COINS EQUAL rands
1.
FIFE RANDS
2. =
5. =
4. =
R 15. 003. =
R 20. 00
6. = R 30. 00
R 35. 007.
=
R 25. 00
= R 5. 00
R 10. 00
= = = = =
HOW MUCH IS THIS?
== === ===
=R 5.00=R 10.00=R 15. 00=R 20.00=R 25.00
HOW MUCH IS THIS? SOLUTIONS
=R 50.00=R 35. 00=R 45. 00=R 40. 00=R 30. 00=R 100. 00=R 60.00= R 55.00

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South African Coins -Grade 1 - 3 CAPS

  • 2. MONEY What is money? Money is any form of legal tender. In other words, it is an acceptable form of payment for goods and services. What are some uses of money? We use money to buy… Write 10 things that we also use money for …
  • 3. Important background theory • 1 cent is the smallest denomination of money • There are five one cent coins in 5 cents. • There are ten one cent coins in 10 cents. • There are twenty one cent coins in 20 cents. • There are fifty one cent coins in 50 cents. • There are one hundred one cent coins in R1. • There are five hundred one cent coins in R5. N.B. The one cent coins are currently not in circulation. One cent is written in short as 1 c. 1 cent = 1 c 2 cents = 2 c 3 cents = 3 c 4 cents = 4 c 5 cents = 5 c
  • 4. 1. 2. 3. 4. 5. 6. TEN CENTS 7. Example One TEN CENT COIN EQUALS ten cents Two TEN CENT COINS EQUAL twenty cents Read and complete for the rest of the coins. TEN CENT COINS EQUAL cents
  • 5. 1. TEN CENTS 2. = 5. = 4. = + = R 0. 303. = + = R 0. 40 6. = + = R 0. 60 R 0. 707. = =+ = R 0. 50 = R 0. 10 R 0. 20=
  • 6. TEN CENTS 11. = 12. = = = 8. = R 0. 80+ + = 9. = 10. = + + =R 0. 90 + = R 1. 00
  • 8. 11. TEN CENTS 13. = 12. = + = R 1.10 = + = R 1.20
  • 9. = = = = = HOW MUCH IS THIS? == === ====
  • 10. =R 0.10=R 0.20=R 0. 30=R 0.40=R 0.50 HOW MUCH IS THIS? SOLUTIONS =R 1.00=R 0. 70=R 0.90=R 0. 80=R 0. 60 =R 2. 00=R1.30=R 1.20= R 1.10
  • 11. 1. 2. 3. 4. 5. 6. TWENTY CENTS 7. Example One TWENTY CENT COIN EQUAL twenty cents Two TWENTY CENT COINS EQUAL forty cents Read and complete for the rest of the coins. TWENTY CENT COINS EQUAL cents
  • 12. 1. TWENTY CENTS 2. = 5. = 4. = + = R 0. 603. = R 0. 80 6. = + = R 1. 20 R 1. 407. = R 1. 00 = R 0. 20 R 0. 40 =+ + =+ =+ +
  • 13. TWENTY CENTS 8. = R 1. 60+ + = 9. = 10. = R 1. 80 + = R 2. 00 + + =+ ==11. = R 2. 00
  • 14. = = = = = HOW MUCH IS THIS? == === ====
  • 15. = = = = = HOW MUCH IS THIS? == === ====
  • 16. =R 0.20=R 0.40=R 0. 60=R 0.80=R 1.00 HOW MUCH IS THIS? SOLUTIONS =R 2.00=R 1. 40=R 1. 80=R 1. 60=R 1. 20 =R 4. 00=R2.60=R 2.40= R 2.20
  • 17. 1. 2. 3. 4. 5. 6. FIFTY CENTS 7. Example One FIFTY CENT COIN EQUAL fifty cents Two FIFTY CENT COINS EQUAL one rand. Read and complete for the rest of the coins. FIFTY CENT COINS EQUAL rands
  • 18. 1. FIFTY CENTS 2. = 5. = 4. = + = R 1. 503. = R 2. 00 6. = + = R 3. 00 R 3. 507. = R 2. 50 = R 0. 50 R 1. 00 =+ =+ =+ + =
  • 19. FIFTY CENTS 8. = R 4. 00+ + = 9. = 10. = R 4. 50 R 5. 00 + =+ + =+ + =11. = R 5. 00+
  • 20. = = = = = HOW MUCH IS THIS? == === ====
  • 21. =R 0.50=R 1.00=R 1. 50=R 2.00=R 2.50 HOW MUCH IS THIS? SOLUTIONS =R 5.00=R 3. 50=R 4. 50=R 4. 00=R 3. 00=R 10. 00=R6.50=R 6.00= R 5.50
  • 22. 1. 2. 3. 4. 5. 6. FIVE RANDS 7. Example One FIFE RAND COIN EQUAL five rands Two FIFE RAND COINS EQUAL ten rands. Read and complete for the rest of the coins. FIFE RAND COINS EQUAL rands
  • 23. 1. FIFE RANDS 2. = 5. = 4. = R 15. 003. = R 20. 00 6. = R 30. 00 R 35. 007. = R 25. 00 = R 5. 00 R 10. 00
  • 24. = = = = = HOW MUCH IS THIS? == === ===
  • 25. =R 5.00=R 10.00=R 15. 00=R 20.00=R 25.00 HOW MUCH IS THIS? SOLUTIONS =R 50.00=R 35. 00=R 45. 00=R 40. 00=R 30. 00=R 100. 00=R 60.00= R 55.00